Nil Interest Rate for Late GSTR-3B Filing

Last updated: 11 April 2024

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This notification announces a nil interest rate for certain registered persons who filed their GSTR-3B returns late due to technical glitches on the GST portal. This applies if you had sufficient balance in your ledgers or had deposited the required amount via challan. The nil interest period is from the original due date to the actual filing date for specific GSTINs and tax periods mentioned.

MINISTRY OF FINANCE

(Department of Revenue)

(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS)

Notification

No 07/2024 – Central Tax

New Delhi, the 8th April, 2024

S.O. 1642(E).—In exercise of the powers conferred by sub-section (1) of section 50 read with section 148 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (herein after referred to as the Act), the Government, on the recommendations of the Council, hereby notifies the rate of interest per annum to be ‘Nil’, for the class of registered persons mentioned in column (1) of the Table given below, who were required to furnish the return in FORM GSTR-3B, but failed to furnish the said return for the months mentioned against the corresponding entry in column (2) of the said Table by the due date, for the period mentioned against the corresponding entry in column (3) of the said Table, namely:–

TABLE

Class of registered persons	Months	Period for which interest is to be ‘Nil’
(1)	(2)	(3)
Registered person having the following Goods and Services Tax Identification Numbers who are liable to furnish the return as specified under sub-section (1) of section 39 of the Act but could not file the return for the month as mentioned in the corresponding column (2), by the due date, because of technical glitch on the portal but had sufficient balance in their electronic cash ledger or electronic credit ledger, or had deposited the required amount through challan, namely: -		From the due date of filling return in Form GSTR 3B to the actual date of furnishing such return.
1.19AAACI1681G1ZM	June, 2018
2.19AAACW2192G1Z8	October 2018
3.19AABCD7720L1ZF	July 2017 and August 2017
4. 19AAECS6573R1ZC	July 2017 to February 2018

[F. No. CBIC-20013/7/2021-GST]
RAGHAVENDRA PAL SINGH, Director

FAQ :

The notification specifies a 'Nil' interest rate per annum for certain registered persons who filed their GSTR-3B returns late due to technical glitches on the GST portal.

Registered persons with specific Goods and Services Tax Identification Numbers (GSTINs) who faced technical issues on the portal preventing them from filing their GSTR-3B by the due date are eligible, provided they had sufficient balance in their electronic cash or credit ledger or had deposited the required amount through challan.

The nil interest rate applies from the original due date of filing the GSTR-3B return up to the actual date of furnishing such return.

Yes, the notification lists specific GSTINs and the corresponding months (e.g., June 2018, October 2018, July 2017 and August 2017, July 2017 to February 2018) for which this nil interest rate is applicable.

The late filing must have been due to a technical glitch on the GST portal.